Social Science MCQ – 37

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Time limit: 0 0 of 10 questions completed Questions: 1 2 3 4 5 6 7 8 9 10 Information Agriexam Daily Quiz   You have already completed the Test before. Hence you can not start it again. Test is loading... You must sign in or sign up to start the Test. You have to finish following quiz, to start this Test: Your results are here!! for" Social Science 37 " 0 of 10 questions answered correctly Your time: Time has elapsed Your Final Score is : 0 You have attempted : 0 Number of Correct Questions : 0 and scored 0 Number of Incorrect Questions : 0 and Negative marks 0 Average score     Your score     Social Science You have attempted: 0 Number of Correct Questions: 0 and scored 0 Number of Incorrect Questions: 0 and Negative marks 0 Thanks For Attending Daily Quiz Your result has been entered into leaderboard Loading Name: E-Mail: Captcha: maximum of 10 points Pos. Name Entered on Points Result Table is loading No data available 1 2 3 4 5 6 7 8 9 10 Answered Review Question 1 of 10 1. Question The term ‘Budget Deficit’ implies? The excess of total expenditure, including loans, net of lending over revenue receipts Difference between all the receipts and all the expenditure Fiscal deficit less interest payments Difference between revenue receipts and revenue expenditure Question 2 of 10 2. Question The term ‘Clomosol’ was coined by? Carnegie Venky Ganesan Norbert Wiener Peter Drucker Question 3 of 10 3. Question The term ‘Cyclical unemployment’ is referred to ? Voluntary unemployment Disguised unemployment Seasonal unemployment Unemployment during recessionary phase of a trade cycle Question 4 of 10 4. Question The term ‘Deficit financing’ indicates ? Public revenue in excess of public expenditure Replacing new currency with worn out currency Public expenditure in excess of public revenue Printing new currency notes Question 5 of 10 5. Question The term ‘Depreciation’ implies? Destruction of a plant in a fire accident Loss of equipment over time due to wear and tear Closure of a plant due to labour trouble None of the above Question 6 of 10 6. Question The term ‘devaluation’ implies ? Making rupee dearer in comparison to some foreign currency Lowering of the value of one currency in comparison of some foreign currency Converting rupee into gold None of the above Question 7 of 10 7. Question The term ‘Factor cost’ indicates? Total goods and services available Total spending on home and foreign goods Cost in terms of payments to factor of production Actual expenditure in terms of price paid for goods and services Question 8 of 10 8. Question The term ‘GDP’ indicates? Total output of goods and services in a country Total spending on home and foreign goods Cost in terms of payments to factor of production Actual expenditure in terms of price paid for goods and services Question 9 of 10 9. Question The term ‘Globalisation of Indian Economy’ implies? Giving up programmes of import substitution Having minimum possible restrictions on economic relations with other countries Establishing Indian business units abroad Stepping up external borrowings Question 10 of 10 10. Question The term ‘GNP’ indicates? Total goods and services available Total spending on home and foreign goods Cost in terms of payments to factor of production Actual expenditure in terms of price paid for goods and services

Q.1: The term ‘Budget Deficit’ implies?

1. The excess of total expenditure, including loans, net of lending over revenue receipts
2. Difference between all the receipts and all the expenditure
3. Fiscal deficit less interest payments
4. Difference between revenue receipts and revenue expenditure

Q.2: The term ‘Clomosol’ was coined by?

1. Carnegie
2. Venky Ganesan
3. Norbert Wiener
4. Peter Drucker

Q.3: The term ‘Cyclical unemployment’ is referred to ?

1. Voluntary unemployment
2. Disguised unemployment
3. Seasonal unemployment
4. Unemployment during recessionary phase of a trade cycle

Q.4: The term ‘Deficit financing’ indicates ?

1. Public revenue in excess of public expenditure
2. Replacing new currency with worn out currency
3. Public expenditure in excess of public revenue
4. Printing new currency notes

Q.5: The term ‘Depreciation’ implies?

1. Destruction of a plant in a fire accident
2. Loss of equipment over time due to wear and tear
3. Closure of a plant due to labour trouble
4. None of the above

Q.6: The term ‘devaluation’ implies ?

1. Making rupee dearer in comparison to some foreign currency
2. Lowering of the value of one currency in comparison of some foreign currency
3. Converting rupee into gold
4. None of the above

Q.7: The term ‘Factor cost’ indicates?

1. Total goods and services available
2. Total spending on home and foreign goods
3. Cost in terms of payments to factor of production
4. Actual expenditure in terms of price paid for goods and services

Q.8: The term ‘GDP’ indicates?

1. Total output of goods and services in a country
2. Total spending on home and foreign goods
3. Cost in terms of payments to factor of production
4. Actual expenditure in terms of price paid for goods and services

Q.9: The term ‘Globalisation of Indian Economy’ implies?

1. Giving up programmes of import substitution
2. Having minimum possible restrictions on economic relations with other countries
3. Establishing Indian business units abroad
4. Stepping up external borrowings

Q.10: The term ‘GNP’ indicates?

1. Total goods and services available
2. Total spending on home and foreign goods
3. Cost in terms of payments to factor of production
4. Actual expenditure in terms of price paid for goods and services

Social Science MCQ – 37

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